| TOWN OF READING, MASSACHUSETTS | |||||
| MUNICIPAL LIGHT DEPARTMENT | |||||
| FORMULA INCOME | |||||
| 1/31/08 | |||||
| TOTAL OPERATING REVENUES (P.3) | 47,211,586.52 | ||||
| ADD: | |||||
| POLE RENTAL | 40,973.60 | ||||
| INTEREST INCOME ON CUSTOMER DEPOSITS | 13,607.88 | ||||
| LESS: | |||||
| UNBILLED PURCHASED POWER EXPENSE | (15,941.91) | ||||
| OPERATING EXPENSES (P.3) | (45,337,926.98) | ||||
| BOND INTEREST EXPENSE | (38,430.00) | ||||
| CUSTOMER DEPOSIT INTEREST EXPENSE | (9,755.72) | ||||
| FORMULA INCOME (LOSS) | 1,864,113.39 | ||||